:

Business/Financial

Lockheed Martin-led Team Captures Potential $1Billion NGI Award

DDN

Wednesday, February 20th, 2008

SHARE:

The FBI awarded Lockheed Martin [LMT] a potential 10-year, $1 billion contract to be the systems integrator in the design, development and deployment of its Next Generation Identification (NGI) system, which will expand the agency's current electronic fingerprint-based database to include multiple biometrics to better improve the identification and capture of criminals and terrorists. The value of the contract for the base year is $38.2 million. The contract contains nine option years. NGI, which will eventually replace the FBI's Integrated…

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]

Congress

All Future Systems Should Have Autonomy Features, Reed Says

Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]